Kawasaki Heavy Industries (OTCMKTS:KWHIY) Trading Down 5.3% – What’s Next?

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY)’s share price was down 5.3% on Friday . The company traded as low as $27.95 and last traded at $27.95. Approximately 2,002 shares were traded during trading, a decline of 94% from the average daily volume of 34,407 shares. The stock had previously closed at $29.50.

Kawasaki Heavy Industries Stock Down 0.9%

The firm has a 50-day simple moving average of $28.24 and a 200 day simple moving average of $27.78. The company has a market capitalization of $11.79 billion, a PE ratio of 18.40 and a beta of 0.83. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.14 and a quick ratio of 0.66.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last issued its quarterly earnings data on Tuesday, November 11th. The industrial products company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.02). Kawasaki Heavy Industries had a net margin of 4.26% and a return on equity of 12.50%. The firm had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.36 billion.

About Kawasaki Heavy Industries

Kawasaki Heavy Industries, Ltd. (OTCMKTS: KWHIY) is a diversified Japanese conglomerate with core operations in shipbuilding, rolling stock, industrial machinery, aerospace and energy systems. The company traces its roots to 1896 when founder Shozo Kawasaki established a shipyard in Kobe, Japan. Today, the firm is headquartered in Kobe and Tokyo and is recognized as one of the world’s leading manufacturers of heavy equipment and engineering solutions.

In its marine division, Kawasaki Heavy Industries designs and constructs a broad range of vessels including LNG carriers, container ships and offshore support platforms.